Vast majority of landlords will continue to focus on urban rather than rural property
The National Landlord Index published by Accommodation.co.uk, has uncovered that the vast majority of landlords will continue to focus on urban rather than rural property investments in 2021 even after the pandemic saw many renters leaving cities for larger rural properties. The majority of UK landlords still see property as a buoyant sector and a safe place to invest in the long-term even
The index did however reveal some positive news as the majority (66%) of landlords expect house prices to rise in 2021 as the world starts to return to a new normal. As the UK begin to see the benefits the vaccination has on the economy it is expected that the housing market will also see a positive impact after the turbulence of last year.
As the UK adapts to the new normal the index also delved into whether landlord believe that Brexit will have a negative effect on house prices and nearly half (46%) of landlords think the UK leaving the EU will impact the property market negatively. With the property market just starting to recover from the global pandemic the true impact of Brexit, if there is one, has yet to been seen.